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Liberty Defense Holdings
(OTC:SCAN)
Liberty Defense Holdings (SCAN) vs. iShares MSCI Canada ETF (EWC)
Liberty Defense Holdings Business Overview & Revenue Model
Liberty Defense Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.86M | 2.44M | 1.49M | 0.00 | 0.00 | 0.00 |
| Gross Profit | -2.11M | -1.68M | -1.22M | 0.00 | 0.00 | 0.00 |
| EBITDA | -10.08M | -6.30M | -8.49M | -11.06M | -9.55M | -687.00K |
| Net Income | -11.25M | -8.85M | -9.37M | -12.16M | -12.39M | -1.05M |
Balance Sheet | ||||||
| Total Assets | 8.52M | 7.29M | 5.83M | 6.23M | 6.50M | 442.58K |
| Cash, Cash Equivalents and Short-Term Investments | 2.66M | 1.15M | 963.00 | 677.47K | 1.34M | 24.04K |
| Total Debt | 3.66M | 3.72M | 1.45M | 667.12K | 802.94K | 2.58M |
| Total Liabilities | 7.09M | 8.05M | 6.60M | 2.14M | 1.56M | 3.00M |
| Stockholders Equity | 1.43M | -764.48K | -764.46K | 4.09M | 4.94M | -2.56M |
Cash Flow | ||||||
| Free Cash Flow | -9.66M | -6.59M | -5.76M | -9.78M | -7.49M | -2.62M |
| Operating Cash Flow | -9.38M | -6.47M | -5.54M | -8.86M | -7.21M | -2.62M |
| Investing Cash Flow | -299.96K | -121.22K | -221.09K | -925.48K | -571.83K | -6.27K |
| Financing Cash Flow | 11.83M | 7.78M | 5.07M | 9.30M | 9.27M | 71.70K |
Liberty Defense Holdings Technical Analysis
Liberty Defense Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | C$13.97M | 20.61 | 4.15% | ― | 0.89% | ― | |
| ― | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
| ― | C$693.59M | 369.10 | 4.11% | ― | 72.90% | 493.33% | |
| ― | C$272.45M | -111.02 | -12.11% | ― | -3.41% | -151.98% | |
| ― | C$44.93M | ― | -0.32% | 4.71% | -3.04% | -134.82% | |
| ― | C$26.12M | -13.84 | -14.50% | ― | 26.01% | 41.58% | |
| ― | C$23.75M | ― | ― | ― | ― | ― |
Liberty Defense Holdings Corporate Events
Liberty Defense Holdings has expanded its international presence by securing a contract to deploy its HEXWAVE system at a major arena in Bogotá, Colombia. This deployment, in partnership with DASI Electronics, aims to enhance security against non-metallic threats, such as 3D-printed weapons, at large public gatherings. The move is part of Liberty’s strategy to grow its market in Latin America, with potential for broader adoption in the region.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings has announced that its HEXWAVE system has been selected by the Jackson County Detention Center in Missouri for security screening of staff and visitors. This selection underscores the center’s commitment to modern security measures, especially as it faces a rising inmate population and the construction of a new jail. The HEXWAVE system, which uses millimeter wave technology and AI, offers rapid, contactless screening for various threats, enhancing security beyond traditional metal detectors.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings has completed design improvements for its High-Definition Advanced Imaging Technology (HD-AIT) wideband upgrade kit, which has been delivered to the U.S. Transportation Security Administration (TSA) for evaluation and testing. This upgrade, funded by the TSA, aims to enhance aviation security infrastructure by improving the capabilities and extending the lifecycle of existing body scanners. The HD-AIT system utilizes a wider frequency bandwidth to enhance resolution and signal detail, supporting third-party development of machine learning algorithms for improved threat detection. This milestone reinforces Liberty’s leadership in threat detection technology and is expected to enhance passenger experience by reducing false alarms and increasing throughput.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings Ltd. is a publicly traded company specializing in advanced security detection technologies, with a focus on its flagship product, HEXWAVE, which uses millimeter wave technology for threat detection. In its latest earnings report, Liberty Defense Holdings Ltd. reported a significant net loss of $7.54 million for the first half of 2025, compared to a loss of $4 million in the same period of 2024. The company’s revenue decreased slightly to $1.49 million from $1.58 million year-over-year. Despite the revenue decline, the company saw an increase in its share capital and equity reserves, suggesting ongoing investment and financing activities. Liberty Defense Holdings Ltd. continues to face challenges with a shareholders’ deficiency of $1.92 million as of June 30, 2025, up from $764,479 at the end of 2024. The management remains focused on securing additional financing to support its operations and growth initiatives, as the company navigates through its financial hurdles.
Liberty Defense Holdings has appointed Anjana Rajan, a former Assistant National Cyber Director and Palantir veteran, to its Strategic Advisory Board to guide the expansion of its security solutions globally. Additionally, the company announced a repricing of its warrants and the granting of stock options to directors, officers, and other stakeholders, reflecting strategic moves to enhance its market positioning and stakeholder engagement.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings has entered into a marketing agreement with Gold Standard Media LLC to enhance its visibility among investors. The agreement, which is pending approval from the TSX Venture Exchange, involves a six-month campaign featuring email and digital advertising, with a total fee of $1,000,000. This initiative aims to strengthen Liberty’s market presence and attract investor interest, potentially impacting its operations and industry positioning.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings Ltd. has successfully closed a non-brokered private placement, raising $4.4 million through the issuance of 20 million units. This funding will support the deployment of their HEXWAVE technology and the rollout of the HD-AIT system, enhancing their market positioning and operational capabilities in the security solutions industry.
Liberty Defense Holdings has entered a strategic partnership with K′(Prime) Technologies Inc. to distribute its HEXWAVE threat detection system in the Canadian aviation and urban security market. This collaboration aims to enhance security capabilities by leveraging K′(Prime)’s extensive experience in security equipment services and Liberty’s innovative detection technology, potentially expanding market reach and driving revenue growth.